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ECRET
-47-
1/
transitional period"
The agreed language also included
new paragraphs on equality of treatment, inconvertible
currencies, and scarce currencies and currencies of terri-
2/
tories having a common quota in the Monetary Fund.
Agreement having been reached on these subjects, the
Committee on Commercial Policy approved the draft pro-
posals, as amended, at its seventh meeting on December 1,
1945. It likewise approved the procedure for implementing
the proposals and a report to the Top Committee of Anglo-
American negotiators recording the fact that there was
is
"full agreement within the Committee on all important
3/
points VT i t hi respect to the proposals"
RECORDE
to
SERVICE"
When the concurrent financial discussions had been
4/
completed, the Secretary of State made the agreed com-
proposals
mercial policy/public on December 6, 1945, releasing them
1/
:reed Proposals, Chapter III, C, 2. The Anglo-
American Financial Agreement of Dec. 6, 1945 (par. 9)
provided, however, that the United Kingdom and the United
States in their bilateral trade would begin to administer
quantitative import restrictions "on a basis which does
not discriminate against imports from the other country
in respect of any product", with certain provisos, not
later than Dec. 31, 1946.
2/
Agreed Proposals, Chapter III, C, 2-5. Cf. ECEFP
D-108/45 (coy/TRADE-1), pp. 8-9, 12.
3/
COM/TRADE-7th meeting.
4
See RE Research Project No. 24, "The Negotiation
of the Anglo-Anerican Financial Agreement of Dec. 6, 1945.
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"ocrText": "ECRET\n-47-\n1/\ntransitional period\"\nThe agreed language also included\nnew paragraphs on equality of treatment, inconvertible\ncurrencies, and scarce currencies and currencies of terri-\n2/\ntories having a common quota in the Monetary Fund.\nAgreement having been reached on these subjects, the\nCommittee on Commercial Policy approved the draft pro-\nposals, as amended, at its seventh meeting on December 1,\n1945. It likewise approved the procedure for implementing\nthe proposals and a report to the Top Committee of Anglo-\nAmerican negotiators recording the fact that there was\nis\n\"full agreement within the Committee on all important\n3/\npoints VT i t hi respect to the proposals\"\nRECORDE\nto\nSERVICE\"\nWhen the concurrent financial discussions had been\n4/\ncompleted, the Secretary of State made the agreed com-\nproposals\nmercial policy/public on December 6, 1945, releasing them\n1/\n:reed Proposals, Chapter III, C, 2. The Anglo-\nAmerican Financial Agreement of Dec. 6, 1945 (par. 9)\nprovided, however, that the United Kingdom and the United\nStates in their bilateral trade would begin to administer\nquantitative import restrictions \"on a basis which does\nnot discriminate against imports from the other country\nin respect of any product\", with certain provisos, not\nlater than Dec. 31, 1946.\n2/\nAgreed Proposals, Chapter III, C, 2-5. Cf. ECEFP\nD-108/45 (coy/TRADE-1), pp. 8-9, 12.\n3/\nCOM/TRADE-7th meeting.\n4\nSee RE Research Project No. 24, \"The Negotiation\nof the Anglo-Anerican Financial Agreement of Dec. 6, 1945."
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